Investors of junk stocks found value among the ruins

Stocks of Khan Brothers PP Woven Bag Industries soared 10-fold over the past year even though the company has been drowning in losses
18 December 2023, 00:00 AM

Stocks edge down, turnover up

Stocks edged down slightly while turnover rose yesterday.
17 December 2023, 18:00 PM

BB explains warning to cash-strapped Shariah banks

The central bank yesterday said it asked five cash-strapped Shariah-based banks to adjust the deficit in their current account but did not decide yet that the lenders would be removed from payment platforms. 
17 December 2023, 18:00 PM

Grameenphone launches IoT devices

The goods will help in ensuring safe home, office and transportation
17 December 2023, 14:15 PM

Forex reserves go past $20 billion mark after loans from IMF, ADB

Bangladesh's foreign currency reserves rose to $20.41 billion today after $1.09 billion in loans from two global lenders were added to the central bank’s account, said an official.
17 December 2023, 07:56 AM

Tk 1,000cr fund for cinemas, but not many takers

Complexities involving deeds offered as mortgage, lengthy procedures for availing the loans, lack of collateral, and growing demand for Netflix and other video streaming platforms are the major reasons for poor demand
17 December 2023, 00:10 AM

50 tasks in 3 years to stabilise economy

The government has pledged to take more than 50 reform measures in three years under the International Monetary Fund’s loan programme to rebuild foreign currency reserves and contain inflation
17 December 2023, 00:00 AM

External pressures will remain despite IMF loan payout

IMF's $689 million second instalment of the $4.7 billion loan will give a much-needed boost to the country’s foreign currency reserves but pressures on the country’s external position will remain, said Moody’s Investors Service
16 December 2023, 18:00 PM

Over $1b in IMF, ADB loans added to forex reserves

Bangladesh’s depleted foreign currency reserves have received a boost as $1.09 billion have been added to the central bank’s account, said an official.
16 December 2023, 14:45 PM

IMF lowers forex reserves target for Bangladesh

The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
15 December 2023, 18:00 PM

Pragati yet to get go-ahead to assemble sedans

Earlier in May, Pragati reached a consensus with Mitsubishi Motors Corporation to establish a complete knock-down setup for assembling sedans
15 December 2023, 00:30 AM

Challenges persist for smartphone makers

Local manufacturers produced 57.5 lakh smartphones from January to October this year, down about 27 percent from 78.5 crore units in the same period a year earlier
15 December 2023, 00:10 AM

Mustard acreage hits new high

Mustard cultivation in Bangladesh has reached a new high as improved varieties of the crop released by public research institutions are offering higher profits and yields
15 December 2023, 00:10 AM

Villagers grow food for all. But they end up paying more for it

People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items
15 December 2023, 00:00 AM

No waiver needed for govt for 2nd IMF loan tranche

The IMF executive board may approve the waiver if it is satisfied that its programme will still succeed
15 December 2023, 00:00 AM

Outlook negative in Bangladesh, Maldives among Asia-Pacific nations

Bangladesh and the Maldives are the two countries in the Asia-Pacific region where the rating outlook is negative, said Fitch Ratings in the Asia-Pacific Sovereigns Outlook 2024.
14 December 2023, 18:30 PM

Nearly 100 onion traders fined over Tk 4 lakh

A total of 93 traders across the country were fined a total of Tk 414,500 by the Directorate of National Consumers Right Protection (DNCRP) yesterday for “holding back stocks of onion to artificially raise prices”.
14 December 2023, 18:00 PM

5 Islamic banks at risk of being frozen out of transactions

Bangladesh Bank sets December 26 deadline for the banks to adjust current account deficit
14 December 2023, 18:00 PM

Credit card transactions abroad surge

Credit card transactions by Bangladeshi nationals travelling or living abroad rose significantly to hit Tk 5,386 million in October
14 December 2023, 15:24 PM

Forex reserves slightly up

The reserves stood at $19.16 billion as of December 13.
14 December 2023, 12:28 PM